ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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A Rich Man’s Joke Is Always Funny

A Rich Man’s Joke Is Always Funny

Living Class in Urban India by Sara Dickey, Ranikhet: Permanent Black, 2016; pp 280, 795.

There is a point in the hierarchy of indebtedness, where debt becomes “credit;” where the lender transitions from a vilified “moneylender” (the only one willing to extend a loan to the undocumented, collateral-less at the highest possible interest rates) to a dignified “banker,” in whose exclusionary domain regulated rates are extended to those who already have demonstrable stability; where “irresponsible” fiscal behaviour, that causes cyclical entrapment, becomes an aspirational “creditworthiness.” In these intangible cusps, where the dishonourable turns into an honourable contribution to productivity, is where the signifiers of class lie. These are evaluated in terms of affording one “dignity.”

Decency, Dignity and Class

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